I could be totally wrong here Abu but is this more about changing market perception of HOW they want CCC to be traded?
If we have no profit/loss(nicely convenient for management!)then the only barometer we really have is what the sp is doing and this intimates that at this stage the cash bleed has halted.
It seems the leaky info comments have been stemmed and we have seen a relative hiatus on corporate development info and we are seeing a more stable market accumulation behaviour.
Yes the boredom is almost extreme but then this really is all relative isnt it with last year seeing a multitude of releases that didnt really do much due to the inability to judge to cash burn/imbalance during the year and hence the Socius issue.As soon as that was flagged then it probably should have indicated a period of belt-tightening.
Hoping for all involved that we are coming to the end of this period and some of that latent cash will find its way in to easing some of the blind financial investor stress that we have had to endure in the last year or so.
d.
CCC Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
